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E1 Exam Dumps : Managing Finance in a Digital World

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Managing Finance in a Digital World Questions and Answers

Question 1

YKF is a manufacturer of candles with world-wide operations.

The finance department within YKF has recently adopted the use of accounting systems that are hosted and operated by an external provider, instead of being in-house.

The technology allows different users to access elements of the accounting software, regardless of location, through either an internet browser or an app on their mobile device

What technology has YKF adopted to make its accounting software more flexible?

Options:

A.

Data Analytics

B.

Blockchain

C.

Cloud computing

D.

Internet of things

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Question 2

AB Company has recently produced a very successful brand of washing powder which has achieved high market growth and a high market share. According to the Boston Consulting Group (BCG) matrix what is the product's next stage of development?

Options:

A.

Cash cow

B.

Star

C.

Question mark

D.

Dog

Question 3

Which of the following best defines Business Process Re-engineering (BPR)?

Options:

A.

BPR involves fundamental changes in the way the organisation operates.

B.

BPR is the continuous examination and improvement of processes.

C.

BPR is based on the idea that 80% of an outcome is dependant on only 20% of the inputs.

D.

The main aim of BPR is to save costs.